3-bed · 1,520 sqftParkviews Rawda Apartments, Town Square · 3rd floor · completed 2020

304, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in March 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 6 March 2024
Last soldAED 1.55M6 March 2024
Current rentAED 85K /yr18 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Parkviews Rawda Apartments

What is 304 worth today?

Last sold for AED 1,550,000 in 2024

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6 Mar 2024SoldReady
AED 1,550,000AED 1,019 per sqft
18 Jan 2023RentedRenewal
AED 85,000/yr12 months · AED 56 per sqft
18 Jan 2022RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
7 Nov 2021Sold by developerReady
AED 1,520,888AED 1,000 per sqft

Source: Dubai Land Department. Updated 6 March 2024.

Key facts

Type
3-bed apartment
Size
1,520 sqft
Floor
3rd of 12
Parking
G-89
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,700 /yr
Last sold
AED 1.55M · March 2024

About 304, Parkviews Rawda Apartments

304 is a three-bedroom apartment of 1,520 sqft on the 3rd floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 6 March 2024 for AED 1,550,000, or AED 1,019 per sqft, in line with the AED 1,004 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 18 January 2023, is AED 85,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 24,700 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical three-bed in Parkviews Rawda Apartments
1.5M2M2020202220242026Typical sale price by year: 2020 AED 1,695,888; 2021 AED 1,622,388; 2023 AED 1,435,000; 2024 AED 1,720,000; 2025 AED 2,050,000Sold by developer, November 2021: AED 1,520,888 (AED 1,000 per sqft)Sold, March 2024: AED 1,550,000 (AED 1,019 per sqft)

304 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 304, each contractTypical three-bed in Parkviews Rawda Apartments
100K2020202220242026Typical rent by year: 2020 AED 63,500; 2021 AED 79,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 101,750; 2025 AED 120,000; 2026 AED 130,000New contract, January 2022: AED 85,000 a yearRenewal, January 2023: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Parkviews Rawda Apartments, and where 304 sits

All 36 3-beds →

304 last sold in March 2024 at AED 1,019 per sqft, in line with what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,004). Over the last 12 months three-beds sold for AED 2,100,000 to 2,350,000, around AED 1,406 per sqft, and rent for AED 75,000 to 160,274 a year. 304's AED 85,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 20262,100,000
2 Feb 20262,350,000
3 Oct 20251,850,000
8 Sep 20252,105,888
2 3-bed sales in the last 12 months

Parkviews Rawda Apartments

Building

204 apartments, 1-bed to 3-bed over 12 floors in Town Square, completed in 2020 by Nshama Properties. 18 sold in the last 12 months.

Typical price per sqft
AED 1,229 Up 0.7%
Typical sale
AED 1.21M
Typical rent
AED 85K /yr
Typical yield
7.0%
Parkviews Rawda Apartments, Town Square: prices, sales and rents →
Value
3011-bedAED 820K · Jan 2024
3021-bedAED 751K · Aug 2020
3033-bedAED 2.11M · Sep 2025
3053-bedAED 1.68M · Apr 2021
3062-bedAED 1M · Jul 2020
3072-bedAED 983K · Aug 2020
3081-bedAED 840K · Feb 2025
1–7 of 16

304, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 7 November 2021 for AED 1,520,888, last on 6 March 2024 for AED 1,550,000 (AED 1,019 per sqft).
  • Rented since January 2022 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 24,700 a year (AED 16.27 per sqft).
  • Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000–2,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,229 per sqft.

Source: Dubai Land Department. Updated 6 March 2024.

Questions about 304, Parkviews Rawda Apartments

What did unit 304 last sell for?

AED 1,550,000 on 6 March 2024: AED 1,019 per sqft for 1,520 sqft. The unit has 2 registered sales; the first was AED 1,520,888 in November 2021.

What is the rent for unit 304?

AED 85,000 a year on the contract renewed on 18 January 2023. The previous contract, from January 2022, was AED 85,000.

How big is unit 304?

1,520 sqft (141.2 sqm): a three-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2020.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000 to 2,350,000 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on 304, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.55M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →